Vintage ‘overdelivery’, US tariffs pare back Booster land fund
A positive year for kiwifruit was offset by poor avocado export returns.
Awatere Valley vineyards saw valuation improvement.
Private Land and Property Fund returned an after-tax loss of 1.8% over the past 12 months, reflecting both a glut of New Zealand grapes and the effect of US import tariffs.
The NZX-listed land fund, managed by the $8 billion KiwiSaver investment manager Booster, focuses on primary production
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